Release of Lien on Collateral. Upon the Disposition of any Collateral in a transaction permitted under the Credit Agreement and the other Loan Documents, the Transaction Liens on such Collateral shall be automatically released without further action or consent by the Collateral Agent or any other Person (including any other Secured Party).
Appears in 23 contracts
Samples: Credit Agreement (Tennessee Gas Pipeline Co), Security Agreement (El Paso Corp/De), Security Agreement (El Paso Natural Gas Co)
